Approximation of Short-Run Equilibrium of the N-Region Core-Periphery Model in an Urban Setting

Abstract

The purpose of this chapter is to give an approximation of short-run equilibrium of the N-region core-periphery model in an urban setting. The approximation is sufficiently accurate and expressed explicitly in terms of the distribution of workers that is contained as known function in the model. Making use of this approximation, we can analyze the behavior of each short-run equilibrium.

Keywords

Discrete nonlinear equation Krugman model Spatial economics

Mathematical Subject Classification

Notes

Acknowledgements

Minoru Tabata is supported in part by Grant-in-aid for Scientific Research of Japan Grant Number 15K05005. Nobuoki Eshima is supported in part by Grant-in-aid for Scientific Research of Japan Grant Number 26330045. The authors declare that they have no competing interests. Each author equally contributed to this chapter, read and approved the final manuscript. This manuscript has not been published or presented elsewhere in part or in entirety, and is not under consideration by another journal.